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OGSPECULATOR

09/14/13 3:06 PM

#55116 RE: BrazenBull #55115

Presumably this buying opportunity will last another week or two when considering the L2 activity. I think we are in oversold territory with supply being a bit high in the near term. At my fund we are anticipating a further pull back based on the technicals, ready to keep buying over here.

Northwest 12

09/14/13 3:47 PM

#55119 RE: BrazenBull #55115

Me neither. The chart doesn´t support a break below 0.04. MA50 and MA200 are above, around 0.042.
Short-term upward channel is intact and the lower boundary has been touched on Friday.
But who knows for sure, maybe MM games bring it there to shake out the doubters.....


neophyte184

09/14/13 10:14 PM

#55123 RE: BrazenBull #55115

I agree...the pull backs we have seen over the past few days have been on paltry and diminishing volume. Just what you want to see during a consolidation period.

Check out the MFI and A/D lines. We may briefly be in consolidation mode, but it is clear that peeps are loading here ahead of the next move.


MWIP





OGSPECULATOR

09/23/13 3:40 PM

#55655 RE: BrazenBull #55115

High .03's like I said on 9/14/13, and we could see high .02's prior to next financial report. Still buying over here...